Susan V. Gregory's Blog

Need help to understand how to apply and qualify for a Countrwide loan modification?  You're not alone-thousands of frustrated homeowners are in need of a loan workout so they can afford to stay in their home.  The good news is that things are looking up for borrowers-Countrywide has been approve...

When completing your loan modification forms, make sure your debt-to-income ratio is correct and fits within the approval guidelines.  This will help ensure you get approved for your loan workout.  You will need to know this information so you can adjust your budget and complete your paperwork pr...

If you are stuck in an unaffordable Wells Fargo loan, President Obama's new mortgage modification plan may be the answer.  The lender has been approved to offer this very aggressive loan workout to qualified borrowers.  The bank will actually get paid by the Treasury Department for every modified...

Trying to qualify for a mortgage loan modification so you can afford to stay in your home?  There are a few important things to know that will greatly increase your chance of approval.  Here is some helpful information you can use to qualify. You will be asked to complete some loan modification f...

The federal program, Home Affordable Modification, is President Obama's plan to offer assistance to 4-5 million at risk homeowners.  What is this program and how can it help you stay in your home?  Here are the basics of the mortgage loan modification plan and who will qualify for help. The progr...

Confused and frustrated trying to find a way to lower your home loan payment so you can afford to stay in your home?  A mortgage loan modification may be the solution you need, but before you contact your bank make sure you are prepared, ready and have the best chance of success.  Here are the To...

President Obama's aggressive federal loan modification plan is called Home Affordable and offers real hope and help to 4 to 5 million struggling borrowers.  Although the plan is voluntary, most lenders will be participating and some are already approved to offer this program to their eligible bor...

A perfect storm of adjustable rate mortgages, a crippling economic downturn and decreasing home values have millions of homeowners facing severe financial difficulties and the possibility of losing their home.  The good news is that recent federal programs offer a solution with lower, affordable ...

Confused and frustrated homeowners who are stuck in unaffordable home loans may finally be getting the help they need to avoid foreclosure and stay in their home.  President Obama has launched a new stimulus plan that seeks to stop the flood of foreclosures stifling the housing recovery.  This ne...

Trying to qualify for a loan modification to lower your mortgage payment?  Well before you call your bank and start giving them your information, make sure that you know what you are talking about.  What you say or don't say could hurt your chances of approval.  Here is what you need to do before...